Localbitcoins - some interesting facts

LocalBitcoins is a peer-to-peer bitcoin marketplace based in Helsinki, Finland.

It allows the users to trade bitcoins with local fiat currencies.The buyers and sellers post ads for trading requirements.

When buyer and seller ads match their demands and trading initiates can utilize the available payment methods.

In December 2013, LocalBitcoins has around 110,000 active traders with a trading volume of 1,400–3,000 bitcoins per day.

Exclusive Features in LocalBitcoins Ads Based TradingThe seller and buyer can post ads on the exchange.

Escrow helps to resolve the dispute between the buyer and seller.

Localbitcoins Clone ScriptLocalbitcoins Clone Script is a website clone script that contains all the features of localbitcoins exchange.

Using localbitcoins clone script to one can easily build a crypto exchange website like localbitcoins.BlockchainAppsDeveloper provides finest Localbitcoins Clone Script with many advanced features.Premium Features of Localbitcoins Clone ScriptThe eminent features of localbitcoins clone script provided by BlockchainAppsDeveloper,Online/Offline Trading OptionsMultiple FIat-Crypto Trading Pairs100+ Cryptocurrencies supportDispute ResolutionAdvanced UI/UXAds PostingTwo Factor AuthenticationEscrow IntegratedPrivate MessagingProximity MatchChat bot integratedQuick buy / Quick Sell FeaturesBlockchainAppsDeveloper is the top-notch crypto exchange clone scripts development company provides localbitcoins clone script with amazing features.To Know More Features of Localbitcoins Clone Script >>>GET A FREE DEMO TODAY !!

Below you will get to read all the features of our clone script.What is LocalBitcoins Clone script?LocalBitcoins is one of the most famous bitcoins marketplace that permits users to publish ads or submit their requests to buy or sell bitcoins.

A user can buy a cryptocurrency by mentioning the price and the amount of cryptocurrency they are willing to purchase and pay for a unit that helps to choose and buy whether from nearby people or from anyone all over the world via internet without considering geographical limitations.

The main fact about the LocalBitcoins exchange is, it considers with all the necessary ingredients inbuilt to run a successful business in crypto market.Some of the exciting features that add benefits to your business exchange selection lies with its units and the features available in the portal.

It is robust and smooth in capturing the fields required to the exchange process with the strapping detection and high security.How do LocalBitcoins Clone Script Work?Once the server is successfully set up with the script, then it is all well-set to run the business.The Steps to Sell BitcoinsStep 1: First, register on the platform by filling the details on the profile.Step 2: Once the account have been created, a wallet will be generated on the platform that works like an escrow on the platform.

Before posting an Ad, the platform cross-checks whether the person applying to sell have an enough balance to proceed the request.Step 4: Once the sell request Ad is posted, a notification will be received to the buyers nearby to the seller or those who have shown interest to buy cryptocurrency from anywhere.Step 5: Then the interested buyers after viewing the request can get in touch with the seller to buy the bitcoins either in direct or by way of online transaction.Step 6: The seller has the option either to accept or reject the buyer request.Step 7: After the payment is received by the seller from the buyer, there will be note mentioning that the transaction is complete and then the crypto coin is transferred to the buyer.The Steps to Buy BitcoinsStep 1: In order to buy a bitcoins, the buyer need to create a profile and then search for a suitable seller nearer to one’s own location, then rating, pricing, and expected payment options are also need to get mentioned.Step 2: Once they found the seller based on one’s buying demands, then you can contact them by placing a buying request.Step 3: Then, the seller will look the buyer's profile and make decision whether to accept or reject the buyer request.Step 4: Based on the seller acceptance, next the payment made through the option both the buyer and the seller is comfort with by notifying that the payment was done along with the proof of payment.Step 5: Once the seller received the payment from the buyer, the bitcoin is transferred from the seller's wallet to the buyer’s wallet.For the Site AdministratorThis platform is designed in such a way that the admin panel permits the site administrator to manage all the transactions made on the site.

Also, the script has a strong dispute management system that plays an important role in verifying the claims to resolve a dispute happen between the buyer and seller.Special features supported by Our Local Bitcoin Clone scriptSupports Escrow Wallet- Once the trading begins, Our Escrow wallet is activated.

With centralized exchanges suffering from frequent hacking attacks and coming under the scrutiny of regulatory authorities, there has been a huge rise in the number of transactions and trading volume of P2P cryptocurrency exchanges.

The biggest markets for LocalBitcoins for cryptocurrency trading are China, India, Hong Kong, Malaysia, and Thailand.

The entrepreneur has to spend a humongous capital investment to launch a P2P Cryptocurrency exchange with the help of an in-house team.

What is the meaning of the LocalBitcoins Clone?It is a ready-made crypto trading platform where users can sign up for free and execute P2P trades without dealing with any middlemen like brokers.The traders can either buy or sell the leading cryptos and make the required payments through online bank transfers, UPI, debit cards, credit cards, Google Pay, and Paytm.It is integrated with various APIs like a trading bot, price ticker, market order, merchant services, and liquidity.

The various sources of revenue include commission earned on each successful trade conducted by users, a deposit and withdrawal fee, charges for listing new crypto tokens on the platform, and advertisements.Compelling reasons for entrepreneurs to procure the LocalBitcoins clone scriptThe in-built escrow guarantees a high level of safety for the users’ data and funds.

This prevents hacking and phishing attacks to take place.A variety of crypto trading options are available for the investors like margin trading, Over the Counter (OTC) trading, Ad-based trading, and Futures trading.

Maticz Technologies is the leading Cryptocurrency Exchange Development Company that provides LocalBitcoins clone script to start your own Cryptocurrency exchange platform like LocalBitcoins.Localbitcoins Clone ScriptLocalBitcoins Clone Script is a complete white-label cryptocurrency exchange script that helps to build P2P Cryptocurrency Exchange business platform like the LocalBitcoins.Maticz's Local Bitcoin Clone script holds all the features & functionalities of the LocalBitcoins Exchange Platform.

Our LocalBitcoins Clone allows you to buy, sell, and manage cryptocurrencies on cryptocurrency wallets both online and offline.Technologies We Use: Java Platform: Spring, Spring Security, Spring Cloud, and Spring MVCNodejs Platform: Expressjs, nodejsFrontEnd Framework: Angular, Reactjs , VuejsDatabase: Mysql, Postgresql, and MongodbAPI: REST, GRAPHQL, REST and GRPCArchitecture: MicroserviceFeatures of Localbitcoins Clone Script:Online/Offline bitcoin tradingMulti-Currency SupportAdvertisementMulti-Lingual SupportMatching EngineCurrent Live PricingHighly Secure Escrow WalletAdvanced UI/UX DesignResolving Disputeover The Counter (OTC) TradingSecurity Features: Escrow ShieldsTwo-Factor AuthenticationEmail VerificationsHTTP AuthenticationAsymmetric Encryption MethodJail LoginContact Us & Get Live Demo for LocalBitcoins Clone Software >>> 

What is LocalBitcoins Clone Script?Localbitcoins Clone Script is a fully white label cryptocurrency exchange website clone script.

This script is made of any website coding languages especially with PHP, Laravel, JAVA, Python, Java Script or any other.How much it would cost to setup an exchange like LocalBitcoins?All you need to start an exchange like LocalBitcoins, is Localbitcoins Clone Script.

The Cost of the raw ready made clone script ranges from $1,000 to $4,000.

Based on the integrated features and additional services the cost varies.How many hours will it take to setup an exchange like LocalBitcoins?Here is the approximate schedule, that we at bitdeal used to follow while developing a cryptocurrency exchange like LocalBitcoinsScope Discussion and Project confirmation - Nearly 130 hoursBusiness Plan Presentation & Project Team Allocation - 100 HoursDesign Phase - 180 hoursDevelopment Phase - 400 HoursTesting Phase - 80 hoursDeployment Phase & additional Changes - 72 HoursWhat kind of APIs can I expect from Bitdeal's LocalBitcoins Clone Script?Liquitidy APIREST APITrading Bot APIPrice Ticker APIMarket Order APIMerchant APIand moreWhy Choose Bitdeal for LocalBitcoins Clone ?Bitdeal is the profoud team of proficient developers, incorporates Software Development Life Cycle Process(SDLC) to provide high quality Clone Scripts with the aim to meet or exceed customer expectations.

LocalBitcoins is a P2P Bitcoin exchange.

Buyers and sellers agree on trade terms and use escrow for secure trading.

LocalBitcoins was one of the first peer-to-peer Bitcoin exchanges, and the largest one today.

One of the oldest Bitcoin exchanges.It is a very secure and private method to buy bitcoins.LocalBitcoins Exchange is the only way to buy Bitcoin in some countries.It provides various payment methods to buy bitcoinsIt does not limit traders on buying and selling.The liquidity depends upon the traders in your area.LocalBitcoins wants an email and phone verification for all users.

It requires ID verification for users trading over 1000 euros.Buys made with cash deposits usually transfer bitcoins within 1 hour to the user wallet.It charges a flat 1% fee on all trades.LocalBitcoins offers support via a support ticket system.Support is usually quick to respond to all issues.This is the reason behind the success of the Localbitcoins Exchange.

Starting a crypto exchange like LocalBitcoins would be a beneficial business plan and you can start your cryptocurrency exchange with LocalBitcoins Clone Script that has all the live features of LocalBitcoins Exchange.